TypeRetail Investments

CM23 The Chantry, Hadham Road, Bishops Stortford

TenureFor sale

The Chantry, Hadham Road, Bishops Stortford, CM23 1/3

Specification

Property type
Property type Retail Investments
Tenure
Tenure For sale

Description

The Chantry is an attractive L-shaped Grade II Listed building overlooking the junction of North Street and Hadham Road. North Street is a retail area occupied by cafe's, restaurants and banks, whilst Hadham Road is a mixture of commercial and residential properties.

The front elevation comprises four retail units let to two occupiers, whilst the rear building has been sold on a 999 year lease and converted from offices to five residential units. The car park, which is accessed via a central arch, provides parking for both the residential and commercial occupiers.

Shop 1 is let to Albany Kitchens, who have been in occupation since 2011 and are well established, having approximately 26 year5s experience in the Hertfordshire/Essex area, providing high quality kitchen design and installation services.

Shops 2-4 are let to Javelin Retail Limited, trading as Goddards. The company has been trading since 2002 and has 10 branches retailing ladies and menswear, including brands such as Barbour, Boss, Paul Smith, Ralph Lauren, etc.

Location

Bishops Stortford

Amenities

Grade II Listed Building

Prominent Building

Current Income £117,500

Two Commercial Tenants

999 Year Lease To Rear Building

VAT Is Not Charged

Map